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April 1, 2024
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mar 18, 1938 - Cardenas Nationalized Oil in Mexico

Description:

Mexican Expropriation of Foreign Oil, 1938. On March 18, 1938, Mexican President Lázaro Cárdenas signed an order that expropriated the assets of nearly all of the foreign oil companies operating in Mexico.

Added to timeline:

Date:

mar 18, 1938
Now
~ 86 years ago